스트레치 및 수축 필름 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the stretch and shrink film market size is expected to grow from USD 17.93 billion in 2025 to USD 18.92 billion in 2026 and is forecast to reach USD 24.74 billion by 2031 at 5.51% CAGR over 2026-2031.

This report is Segmented by Film Type (Stretch, Shrink), Material (LLDPE, LDPE, MLLDPE, PVC, and More), Thickness (≤15 Mm, 15-25 Mm and More), Application (Pallet Wrapping, Sleeve/Label, Tamper-Evident, and More), End-User (F&B, Pharma, Electronics, Manufacturing, and More), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). Market Forecasts are in Value (USD).

Global Stretch And Shrink Film Market Trends and Insights

Rising Demand for Pallet Unitization and Tamper-Proof Loads

As light manufacturing was reshored to Mexico and the U.S. Southeast, the volume of palletized freight increased, driven by the need for secure multi-modal transport to prevent edge tears and load shifting. In 2026, parcel traffic in North America exceeded 25 billion units. A shift of just one percentage point from loose cartons to palletized shipping is projected to reduce damage claims by approximately 10%. The demand for tamper-evident wraps with tear strips is growing, particularly among pharmaceutical and electronics shippers, due to compliance requirements with the FDA's 21 CFR Part 11 electronic-records regulations. In India, the installation of automated stretch-hooding systems, with a capacity of 200 pallets per hour, is addressing export lane challenges where temperature and humidity fluctuations require improved load retention. The transition from manual to automated lines is driven by the potential to lower labor costs by up to 60% per pallet and reduce film usage by as much as 35%, offering a return on investment within two years, even in regions with lower wage scales.

Sustainability Push for Downgauged and Recyclable Films

By 2030, the European Union's Packaging and Packaging Waste Regulation requires flexible packaging to contain 35% recycled content and be fully recyclable. Non-compliance could lead to penalties of up to 3% of a company's annual turnover. In response, converters are turning to a 12-micron metallocene-based stretch film, which offers puncture resistance while using nearly 50% less resin. Additionally, the seven-layer coextrusion technology has allowed for a reduction in stretch-hood film gauges from 100 µm to 80 µm, maintaining corner-hold strength. Meanwhile, in the U.S., California's SB 54 mandates a 25% cut in single-use plastic packaging by 2032. The state also imposes fees, potentially reaching USD 500 million annually, to bolster recycling infrastructure. This intensifies the push on brands to choose recyclable and lighter films.

Contamination in Mechanical-Recycled PE Streams

Retail stretch-film bales often include labels and adhesives, which reduce the yield of clean flake to 60-75%. Even small amounts of PVC or polypropylene can form gels in new film, causing melt-flow indices to fall outside acceptable limits. While closed-loop initiatives such as the SYNDIGO facility in Indiana have achieved yields above 85% through strict sorting protocols, much of the mechanical-recycling network continues to face variability. These inconsistencies limit the proportion of recycled content suitable for food-contact or high-clarity applications.

Other drivers and restraints analyzed in the detailed report include:

1. Expansion of F&B Cold-Chain Requiring High-Clarity Shrink Film
2. Automation of Stretch-Hooding Lines in Emerging Markets
3. High Capex for Multilayer Thin-Gauge Extrusion Upgrades

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

In 2025, stretch film dominated the market, accounting for 63.11% of total revenue, largely due to its widespread use in automated wrappers capable of processing up to 200 pallets per hour. This growth is driven by the rising demand from e-commerce warehouses and nearshored factories for high-clarity, tamper-evident unitization. Innovations like pre-oriented nano-layer films, which offer a remarkable 300% pre-stretch ratio while minimizing resin usage, are fueling this expansion. Additionally, end users are increasingly favoring perforated stretch films, especially for produce distribution, as they facilitate moisture dissipation.

While shrink film accounted for the 36.89% market share in 2025, it's projected to surpass stretch film, growing at an annual rate of 5.89% until 2031. This surge is attributed to the shift from PVC to polyolefin in beverage multipacks and sleeve labels. Polyolefin's activation window of 200-275 °F not only reduces tunnel residence times but also addresses dioxin concerns associated with PVC, especially in light of state-level bans set to take effect in 2025. Furthermore, high-clarity formulations are now compliant with store drop-off recycling protocols, prompting a swift conversion among brands. The demand for shrink films is also bolstered by the cold-chain infrastructure developments in Southeast Asia and the Middle East, ensuring seal integrity amidst temperature fluctuations.

LLDPE held 48.36% of 2025 sales due to its 15-25% cost edge and broad compatibility with legacy extruders. The stretch and shrink film market share for LLDPE is expected to fall modestly as metallocene blends climb at a 5.76% CAGR through 2031, benefiting from downgauging that shaves freight weight by up to 30%. Global metallocene capacity topped 26 million tpa in 2025, and converters in India are adopting the resin at 6.15% yearly growth to serve export lanes that require superior load retention.

Polyolefin shrink films, traditionally a niche, are scaling quickly as recycling mandates bite in Europe and North America. Low-density polyethylene remains important in hand-film applications that rely on its high cling and gloss, while PVC's share continues to decline except in certain industrial sleeves where optics and stiffness are critical. Recycled polyethylene is gaining momentum as brand owners commit to 25-30% post-consumer content by 2030; SYNDIGO recycled LLDPE is already displacing virgin grades in non-food wraps after proving parity in puncture testing.

Geography Analysis

Asia-Pacific generated 41.25% of 2025 revenue and is projected to grow at 6.19% to 2031. Capacity additions worth Rs 2,240 crore (USD 251 million) in Gujarat and Karnataka will feed exports to Gulf and Southeast Asian corridors. China supplies the largest volume but slower domestic consumption is pushing converters toward overseas markets, while India, Vietnam, and Thailand are adding automated stretch-hooding to meet multinational client specifications. Developed economies such as Japan, South Korea, and Australia focus on recycling-ready mono-films and line automation upgrades.

North America ranked second in 2025, supported by the Amcor-Berry merger that created the region's largest shrink-film platform. Sigma Plastics Group's USD 39 million Georgia expansion will add 150,000 square feet of stretch-film capacity by December 2026, closing a supply gap between Kentucky and California operations. The United States demands benefits from e-commerce parcel volumes and Southeast nearshoring, while Mexico and Canada ride USD 40 billion of announced manufacturing investments since 2024 that favor stretch-hood adoption for automotive and electronics.

Europe's trajectory is anchored by its Packaging and Packaging Waste Regulation, which sets a 35% recycled-content requirement by 2030. Germany, the United Kingdom, France, Italy, and Spain dominate consumption thanks to mature recycling infrastructure and ambitious brand pledges. Eastern European countries attract greenfield film plants leveraging lower labor costs and proximity to manufacturing clusters. Coveris invested USD 10.5 million in Halle, Germany in 2025 to expand recyclable mono-film capacity and medical-grade production lines.

1. AEP Industries Inc.
2. Amcor plc
3. Bonset America Corporation
4. Charter Next Generation (CNG)
5. Coveris
6. Egeria
7. Inteplast Group
8. IPG
9. Mondi
10. Paragon Films
11. Polifilm Group
12. RKW Group
13. SABIC
14. Sealed Air
15. Sigma Plastics Group
16. Signode Industrial Group LLC
17. Taghleef Industries
18. UFlex Limited
19. Winpak LTD.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising demand for pallet unitization and tamper-proof loads
  • 4.2.2 Sustainability push for downgauged and recyclable films
  • 4.2.3 Expansion of F&B cold-chain requiring high-clarity shrink film
  • 4.2.4 Automation of stretch-hooding lines in emerging markets
  • 4.2.5 Growth of pharma low-temperature distribution channels
• 4.3 Market Restraints
  • 4.3.1 Volatility in polyolefin and PVC feedstock prices
  • 4.3.2 Contamination in mechanical-recycled PE stream
  • 4.3.3 High capex for multilayer thin-gauge extrusion upgrades
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Bargaining Power of Buyers
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Threat of Substitutes
  • 4.5.4 Threat of New Entrants
  • 4.5.5 Degree of Competition

5 Market Size and Growth Forecasts (Value)

• 5.1 By Film Type
  • 5.1.1 Stretch Film
  • 5.1.2 Shrink Film
• 5.2 By Material Type
  • 5.2.1 Linear Low-Density Polyethylene (LLDPE)
  • 5.2.2 Low Density Polyethylene (LDPE)
  • 5.2.3 mLLDPE and Metallocene Blends
  • 5.2.4 Polyvinyl chloride (PVC)
  • 5.2.5 Polyolefin (POF)
  • 5.2.6 Other Materials (EVOH, PLA, Recycled PE)
• 5.3 By Thickness
  • 5.3.1 Less than or Equal to 15 µm
  • 5.3.2 15-25 µm
  • 5.3.3 Greater than 25 µm
• 5.4 By Application
  • 5.4.1 Pallet Wrapping and Bundling
  • 5.4.2 Sleeve and Label Packaging
  • 5.4.3 Tamper-evident Overwraps
  • 5.4.4 Food and Beverage Packs
  • 5.4.5 Industrial Goods Protection
  • 5.4.6 Other Applications
• 5.5 By End-user Industry
  • 5.5.1 Food and Beverage
  • 5.5.2 Pharmaceutical and Healthcare
  • 5.5.3 Consumer Electronics and Appliances
  • 5.5.4 Industrial Manufacturing
  • 5.5.5 E-commerce and Third-Party Logistics
  • 5.5.6 Other End-User Industries
• 5.6 By Geography
  • 5.6.1 Asia-Pacific
    • 5.6.1.1 China
    • 5.6.1.2 India
    • 5.6.1.3 Japan
    • 5.6.1.4 South Korea
    • 5.6.1.5 Australia
    • 5.6.1.6 Rest of Asia-Pacific
  • 5.6.2 North America
    • 5.6.2.1 United States
    • 5.6.2.2 Canada
    • 5.6.2.3 Mexico
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Rest of Europe
  • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Rest of South America
  • 5.6.5 Middle-East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 South Africa
    • 5.6.5.3 Nigeria
    • 5.6.5.4 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share(%)/Ranking Analysis
• 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials, Strategic Information, Products and Services, Recent Developments)
  • 6.4.1 AEP Industries Inc.
  • 6.4.2 Amcor plc
  • 6.4.3 Bonset America Corporation
  • 6.4.4 Charter Next Generation (CNG)
  • 6.4.5 Coveris
  • 6.4.6 Egeria
  • 6.4.7 Inteplast Group
  • 6.4.8 IPG
  • 6.4.9 Mondi
  • 6.4.10 Paragon Films
  • 6.4.11 Polifilm Group
  • 6.4.12 RKW Group
  • 6.4.13 SABIC
  • 6.4.14 Sealed Air
  • 6.4.15 Sigma Plastics Group
  • 6.4.16 Signode Industrial Group LLC
  • 6.4.17 Taghleef Industries
  • 6.4.18 UFlex Limited
  • 6.4.19 Winpak LTD.

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-Need Assessment